Entry for STT ELT – Elementos Limited Market Cap of $7M with...

  1. 24 Posts.
    Entry for STT
    ELT – Elementos Limited

    Market Cap of $7M with approx. 550M shares on offer.

    Elementos is an Australian diversified metals company with projects world wide, including Cleveland, an advanced stage tin-copper and tungsten project in Tasmania, together with a number of prospective copper and gold assets in South America and Australia.

    Elementos has recently completed a merger with Rockwell Minerals Limited and is focusing on its vision to establish Cleveland as one of the next new tin mining operations in Australia.

    Advanced development project – approaching PFS stage with a number of key competitive advantages:
    JORC Resources – 60kt tin equivalent .
    Lower capex – significant underground development in place and nearby infrastructure
    Lower operating costs are possible – known mining and metallurgy.
    Valuation - stock trading at steep discount to Australian tin industry peers.
 
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